Litigation

Collapsed developer FSM alleges Big Six firm Mallesons aided and abetted breaches of duty by its director, who allegedly entered into a refinancing agreement with Ray White Capital that included a 192 per cent interest rate.

A judge has tossed a suit seeking to recover a $1 million deposit on a $20.7 million agreement to purchase the former John Adjemis-owned Hotel Diplomat in Potts Point, after the deal fell through over concerns about mold and water ingress.

The owner of Darwin Port, Landbridge Group, has brought arbitration proceedings against the Australian government following threats that it will force the Chinese firm to sell the port.

Making good on his threat to case manage the litigation with an "iron fist", a judge has set a trial date for early next year in four cases over the Port Botany Enfield Intermodal Logistics Centre.

Granting a joinder bid in an unfair preferences case over the failure of carpentry firm Empryl, a judge has urged the Federal Court's rules committee to resolve a question hanging over liquidators seeking to bring proceedings against multiple defendants.

A Rawson Group unit has successfully argued that it was entitled to rescind an option deed to buy land in the Southern Highlands of NSW after the soil was classified as a “problem” that posed real risks of increased building costs.

A court has dismissed a challenge by ISPT to a $20 million tax assessment by the NSW State Revenue's Office over two acquisitions that increased its stake in Fort Street Real Estate Capital Fund.

The owners corporation of a luxury apartment block in Sydney’s North Shore have been awarded $7.8 million in a summary judgment ruling after developer Lotus Fund failed to put on more than bare denials.

The operator of a 4,000-space car park at the Grand Central shopping centre in Toowoomba, which is part of a $500 million redevelopment, has lost its fight with the tax office over fringe tax related to employee parking. 

The developer of a 61-apartment building in the Sydney suburb of Mascot has won a challenge to Bayside Council's requirement that it rectify alleged damage to neighbouring land before an occupation certificate is granted.